Flood facts you might not know
The biggest misconception about Flood Insurance is “I don’t need it, I am not in a flood zone” or “I have homeowners insurance, I am covered”.
We are here to tell you that both of these statements are incorrect and could lead to you having to come out of pocket if you experience flood damage this hurricane season.
Common Misconceptions about Flood Insurance
- Homeowners insurance doesn’t cover flood damage
- Just an inch of water can cause costly damage to your property
- 30% of all flood insurance claims are filed in low- to moderate-risk areas
- New construction can increase flood risk, especially if it changes natural runoff paths
- Floods are the #1 natural disaster in the United States
- There is sometimes a waiting period up to 30 days for your coverage to begin! Very few carriers allow "same day" coverage on a policy.
Miami Insurance Brokers can get you flood insurance for your home and your business. Don't wait until it's too late and take action today. Email quotes@mibrk.com for immediate assistance.
For more information about Flood Insurance, here are a few resources you might find useful:
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